BEIJING: China plans to stick to its tight property sector policies and a nationwide rebound in home prices remains unlikely, a senior official at the housing ministry said in remarks published by state media on Sunday.

China may not have emperors anymore but you can certainly still live like one thanks to the country's luxury real estate development, The ThaiHot Mansion and Courtyards. ThaiHot Mansion, overseen by The Beijing Taihe Real Estate Development Co., is considered to be the most expensive you can find in China, with the cheapest apartment available priced at $4.7 million.

For the first time in eight months there are signs of slow stabilization on the Chinese real estate market. After eight months of decline China’s home prices were stabilized in June. The stabilization is a result of pro-growth government economic policies and reforms.

Bulgari Hotels & Resorts has signed an agreement with OCT Group to open a new hotel in Shanghai in 2015.

In China, where space is scarce, developers have to be creative with how to find land. Well, how about building homes on top of a shopping mall?

Authorities said to have lowered annual land supplies to 159,300 hectares
Officials in some provincial governments have already been given warnings by the central government that they are not adhering strictly enough to curbs and policies introduced to keep property prices in check.